Fiscal Situation of General Government: Gross Debt Position for Fiji
FJIGGXWDGG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.55
Year-over-Year Change
5.71%
Date Range
1/1/2016 - 1/1/2024
Summary
The 'Fiscal Situation of General Government: Gross Debt Position for Fiji' measures the total outstanding debt of Fiji's national government. This metric is a key indicator of a country's fiscal health and sustainability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the gross debt position of Fiji's general government, which includes both the central government and local authorities. Economists and policymakers use this data to assess Fiji's fiscal risks, debt servicing capacity, and overall financial stability.
Methodology
The data is collected and reported by the International Monetary Fund (IMF).
Historical Context
Fiji's government debt levels are closely monitored by international institutions and markets.
Key Facts
- Fiji's government debt reached 83.3% of GDP in 2020.
- Debt levels have increased significantly since 2019 due to the COVID-19 pandemic.
- Fiji's debt management and sustainability are closely watched by international institutions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding debt of Fiji's national government, including both the central government and local authorities.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Fiji's fiscal health and sustainability, which is closely monitored by economists, policymakers, and international institutions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: Fiji's government debt levels are closely watched by international institutions and markets, as they impact the country's fiscal risks, debt servicing capacity, and overall financial stability.
Q: Are there update delays or limitations?
A: The data is published by the IMF, and there may be some delays in reporting and availability.
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Citation
U.S. Federal Reserve, Fiscal Situation of General Government: Gross Debt Position for Fiji (FJIGGXWDGG01GDPPT), retrieved from FRED.